Economic Calendar

BabyPips.com's Economic Calendar is your trading companion to avoid event risk. Event risk is anything that will move markets, but that you can't see coming. Use our economic calendar to inform yourself of important news events and economic data reports that may shake up the financial markets and impact your trading. Don’t be blindsided.

  • May
    17
    Sun
  • May
    18
    Mon
  • May
    19
    Tue
  • May
    20
    Wed
  • May
    21
    Thu
  • May
    22
    Fri
  • May
    23
    Sat
May
19
TuesdayImpactActualForecastPreviousDetails
01:30
AUD
RBA Minutes of May Policy Meeting
high
04:30
JPY
Industrial Production (m/m)
med
-3.7%-3.7%
04:30
JPY
Industrial Production (y/y)
med
-5.2%-5.2%
04:30
JPY
Capacity Utilization Rate (m/m)
low
-3.6%-1.8%
06:00
GBP
Average Earnings Index (3m y/y)
med
2.4%2.6%2.8%
06:00
GBP
Unemployment Rate
med
3.9%4.4%4.0%

Unemployment Rate

06:00
GBP
ImpactActualForecastPrevious
med
3.9%4.4%4.0%

Details

Source
National Statistics
Measures
ILO Unemployment Rate refers to the percentage of economically active people who are unemployed by ILO standard. Under the ILO approach, those who are considered as unemployed are either 1) Out of work but are actively looking for a job or 2) Out of work and are waiting to start a new job in the next two weeks. ILO Unemployment Rate is measured by a monthly survey, which is called the Labour Force Survey in United Kingdom. Approximately 40,000 individuals are interviewed each month, and the unemployment figure reported is the average data for the previous three months.
Frequency
Monthly
Next Release
Jun 16, 2020
Why Traders Care
Although unemployment rate is commonly used as a lagging indicator, it it nevertheless an important signal of overall economic health. This is because consumer spending is highly correlated with labor conditions. When unemployment rate is high, consumer spending will decrease, and that means slugglish economic growth and lesser corporate profits
Also Called
ILO Unemployment Rate, Jobless Rate
09:00
EUR
German ZEW (Current Conditions)
med
-93.5-85.0-91.5
09:00
EUR
German ZEW (Economic Sentiment)
med
46.030.028.2
12:30
USD
Building Permits
med
1,074.0k1,000.0k1,356.0k*
12:30
USD
Housing Starts
med
891.0k900.0k1,276.0k*
14:00
USD
Fed's Powell testifies to Senate Banking Committee
med
18:00
USD
Fed's Rosengren Participates in Online Discussion
med
22:45
NZD
Food Prices (m/m)
med
1.0%0.7%
23:50
JPY
Core Machine orders (y/y)
high
-0.7%-8.9%-2.4%

The Economic Calendar

An economic calendar is a resource that allows traders to learn about upcoming news events.

BabyPips.com's Economic Calendar displays financial market events and announcements from across the world. The events are updated automatically upon the release of new data.

No matter what time frame you trade on, it's important to keep an eye on upcoming calendar events daily since they are likely to impact the financial markets including forex, stocks, bonds and commodities.

Since forex trading is the simultaneous buying of one currency and selling another, you can use the Economic Calendar to compare the economies behind each currency.

Events on the calendar are graded low, medium and high, depending on their likely degree of market impact.

Even if you don't trade the news, you should check the Economic Calendar every day in the morning, before you start trading, and once again, at the end of the day, to make sure you’re aware of any high-impact or major events scheduled for the next day.

High-impact events may cause volatile market conditions. Especially in the forex market.

Know ahead of time of upcoming economic data releases or events that may cause sudden volatility and negatively affect your trading, such as any open positions.

Due to the increased market volatility, it is important to remember that trading around news events can result in significant slippage.

Be sure to manage your risk and avoid overleveraging and overexposure! Don’t make the same trading mistakes that failed traders make.

BabyPips.com aims to offer the most accurate content but due to the vast amount of data and the wide range of sources, we can't be held responsible for any inaccuracies that might occur.

The Economic Calendar may also be subject to change without any previous notice.

Good things come to people who wait, but better things come to those who go out and get them.Unknown